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Economics at dailymail.co.uk

Today News

06

Judo Bank boss Warren Hogan declares Reserve Bank will hike interest rates three times this year - and he was right about 2023

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The Judo Bank is now forecasting the Reserve Bank will raise interest rates three times in 2024. This would see borrowers paying the highest rates in almost 16 years.

Robert desperately wants to buy an electric car but because of where he lives there's one big problem - and its one facing millions of Aussies

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An apartment dweller desperately wants to buy an electric vehicle but faces an apparently insurmountable obstacle common to many in his living situation.

05

Australian housing crisis: How the latest inflation figures are very bad news for Aussie borrowers - and here's why you should be concerned

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Australian home borrowers hoping for a rate cut soon are set to be disappointed. Financial markets have now changed their predictions to have no cut in 2024 - and another rate rise can't be ruled out.

04

Queensland Premier Steven Miles is hit with horror YouGov poll result - despite social media campaign featuring endless photos of his biceps

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A concerted social media campaign by Labor Premier Steven Miles has failed to arrest his government's poll slide.

03

Atlassian co-founder Scott Farquhar steps down in shock announcement

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The co-chief executive of a billion-dollar Australian business has stepped down more than two decades after he co-founded the company.

African nations should be allowed to decide about the proposed trophy hunt ban, the founder of Prince William's wildlife charity says

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The president of Tusk, set up to safeguard elephants and other animals, has stepped into the trophy-hunting debate by warning the West not to tell African nations how to run their wildlife affairs.

Female Kamala Secret Service bodyguard who brawled with her colleagues previously filed $1M gender discrimination lawsuit against the Dallas Police Department

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Kamala Harris's 'erratic' bodyguard who got into a brawl with colleagues this week previously filed a $1million gender discrimination lawsuit against the city of Dallas.

02

Baristas had to kick customers out of coffee chain when it announced it was closing all locations and they were told they were 'losing our jobs'

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A Foxtrot barista documented how the shuttering unfolded at her café on TikTok after the bombshell closure news shocked staff and customers on Tuesday.

01

Jaw-dropping 'ice castle' that looks just like the set of Disney's Frozen hits the market for $14 MILLION - complete with turrets and its very own MOAT

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Have you ever wanted to live out your very own fairytale? Well, much like Anna and Elsa's estate in the 2013 animation, this sprawling mansion in Bedford, Wyoming, is a residence fit for royalty.

Thursday, Apr 25

00

I used to work for British Rail, so I can tell you how awful it was... Don't let anyone pretend nationalisation is some kind of panacea, writes ROSS CLARK

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ROSS CLARK: Labour's plan to take rail franchises back into public hands might be popular with younger voters - but far less so among those of us who remember British Rail.

Donald Trump trial: Ex-president praises 'breathtaking testimony' in hush money trial after National Enquirer boss detailed deals with White House staff and the celebs he 'killed' stories for

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Donald Trump returned to court for the Manhattan hush money trial on Thursday while his lawyers tried to persuade the Supreme Court he is immune from prosecution.

MARKET REPORT: Meta sheds £130bn value after AI spending fears

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Shares in Meta, which owns Facebook, Instagram and Whats App, fell 11.1% in New York after it said expenses would be higher than previously forecast.

Sainsbury's takes a bite out of rivals: We're pinching sales, says boss

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Boss Simon Roberts said the country's second-biggest supermarket was pinching shoppers from Aldi and Lidl as well as more expensive rivals.

23

From flop to one-stop shop: How WHSmith went from £280million in the red to Britain's favourite for travel essentials - as retailer in its 'strongest ever position' with plans to open 110 more stores

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WHSmith is in its 'strongest ever position as a global travel retailer,' Chief executive Carl Cowling said, with the UK travel business increasing its trading profit by nearly a fifth.

21

Scientists GROW diamonds in just 150 minutes that could cost $2,000 less than the real thing ... Can YOU spot the difference between lab-made and natural gems?

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Researchers have found a way to grow diamonds in just 150 minutes. Although they're small, measuring 100 nanometers - the size of a typical virus - researchers hope they can become bigger in future.

Net zero crackdown to limit sales of petrol cars is 'terrible for the UK' and could force Vauxhall to stop selling some models in Britain, chief executive says

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Carlos Tavares, chief executive of Stellantis, said that a law to limit petrol car sales would force manufacturers to sell vehicles at a loss.

Supreme Court poised to reject Trump's claims he is immune from prosecution but could delay his trial until AFTER the election following blockbuster clashes between justices

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Supreme Court justices in a blockbuster hearing indicated a break with Trump's vast immunity claim. But conservatives referenced complex balancing questions that could stall a top case.

Flavor Flav SLAMS 'not cool' Jelly Roll trolls after Bunnie XO revealed husband has been bullied off social media due to weight jabs: 'Y'all gone and bullied one of THE NICEST guys'

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After coming to the country music star's defense Wednesday against trolls on social media, Flavor Flav took to the stage in Detroit to introduce Jelly Roll ahead of his latest concert

19

British holidaymakers say they have been left 'in limbo' after hundreds of flights were axed at the last minute due to planned strikes by French air traffic control workers... which DIDN'T go ahead

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Zac and Zoe Hartford, both 33, who were on their 'once-in-a-lifetime' holiday in Paris with their two children, two and four, are now stuck in France.

How the wheels came off Musk's green dream: Elon's fortune shrinks by $66billion as cheap Chinese rivals gobble up Tesla sales, one in ten staff are sacked..

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It was the exciting new firm that promised to save the planet, wean us off the internal combustion engine and end our addiction to oil. But there are signs that the wheels are coming off Musk's green car dream.

BUSINESS LIVE: Barclays profits slip; Sainsbury's ups guidance; BHP eyes Anglo American deal

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The FTSE 100 hit a new closing record high - up 38.48 points at 8078.86. It also reached a new intraday record of 8,105.59.

18

Hackers are using fake Facebook ads to steal bank account details and personal information ... here's how YOU can stay safe

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Facebook users are getting tricked into clicking on fraudulent links that expose personal information and data to scammers. Users should avoid sponsored links and install malware software.

Tesla cuts membership prices across its Supercharger network and opens membership up to all EV drivers

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Tesla has opened up its Supercharger Membership to all EV drivers. Membership rates have been slashed from £10.99/month to £8.99/month for all current and new members too.

17

Former EU chief Jean-Claude Juncker 'smoked so much during Brexit talks with Theresa May that she lost her voice'

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The Luxembourgish politician, who was president of the European Commission from 2014 to 2019, is claimed to have chain-smoked his way through crunch meetings.

15

Sainsbury's offers shoppers £20 compensation vouchers after hundreds were left without online deliveries due to latest IT meltdown

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Sainsbury's have offered £20 vouchers to those customers without online deliveries this morning after the retailer was hit with technical issues.

14

The ULEZ effect: Diesel fuel sales fall twice as fast in London

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Sadiq Khan's relentless drive to force polluting cars off London's roads using his controversial Ultra Low Emission Zone is working, according to a new study.

Trump visits New York construction site before Supreme Court considers if he's immune from prosecution while he sits in hush money trial

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The former president greeted hundreds of staff on a construction site as he prepared for another day of testimony in the Manhattan hush money trial.

13

BYO fork? Cathay Pacific asks business class customers if they would bring their own CUTLERY on flights in bid to eliminate wastage

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Cathay Pacific has stirred up debate among its business class passengers after asking if they would be willing to bring their own cutlery on flights - with some flyers blasting the idea as 'ridiculous.'

How YOU could end up swallowing deadly insects in your coffee: The disgusting hidden dangers of drink vending machines that can be a breeding ground filled with larvae

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Vending machines in public areas may be restocked on a regular basis, but spotting an infestation within the equipment may not be picked up, until its too late.

Labour refuses to guarantee rail nationalisation won't push up fares and hints timetables could be CUT to make them 'viable'

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Shadow transport secretary Louise Haigh repeatedly dodged on whether costs could go up for travellers, merely saying there were no 'plans' for increases.